UbiSoft Entertainment Inc. (OTCMKTS:UBSFY) Short Interest Update

UbiSoft Entertainment Inc. (OTCMKTS:UBSFY) saw a large growth in short interest in July. As of July 15th, there was short interest totaling 32,278 shares, a growth of 183.2% from the June 30th total of 11,396 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 390,519 shares, the short-interest ratio is presently 0.1 days.

UbiSoft Entertainment Trading Up 7.6%

Shares of UBSFY opened at $1.14 on Tuesday. The firm has a 50-day simple moving average of $1.17 and a 200-day simple moving average of $1.08. UbiSoft Entertainment has a fifty-two week low of $0.80 and a fifty-two week high of $2.40. The company has a current ratio of 2.55, a quick ratio of 2.55 and a debt-to-equity ratio of 1.24.

Analysts Set New Price Targets

Separately, Wedbush lowered shares of UbiSoft Entertainment from an “outperform” rating to a “neutral” rating in a report on Friday. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

About UbiSoft Entertainment

UbiSoft Entertainment is a global video game developer and publisher known for creating and distributing interactive entertainment across multiple platforms, including consoles, PCs and mobile devices. The company’s portfolio spans a wide array of genres, with flagship franchises such as Assassin’s Creed, Far Cry, Tom Clancy’s Rainbow Six and Watch Dogs. In addition to traditional game releases, UbiSoft provides digital services through its Ubisoft Connect platform, offering players social features, cloud saves and cross-platform progression.

Founded in 1986 in Carentoir, France, UbiSoft has grown into one of the largest independent game publishers worldwide.